Deposit Services

Personal Chequing Account 
Standard chequing account with access to funds by cheque or electronically.

MAXIMIZER® Account
Our most popular account with interest paid on a tiered basis with no minimum balance required. Access by cheque or electronically. Interest calculated daily, paid monthly.

Super Rate Investment Account
High yielding savings account with very competitive tiered interest rates, calculated daily, paid monthly.

Electronic Services

Internet Banking Alerts are here!
Click to download PDF
 
Deposit Cheque Anywhere!
Click to download PDF
Introducing INTERAC e-Transfer†
Click to download PDF

Loan Products

We offer a full range of consumer, agricultural and commercial lending products, complete with fixed or floating interest rates, optional life insurance and very flexible terms of repayment.
 

Term Deposits

Term Deposits
Guaranteed investment certificates at very competitive rates for terms from 30 days to five years. Bonus for any single deposit of $100,000.00 or more.

Index/Equity Linked Products
Index-Linked Term Deposit,  with returns linked to the future upward movement of the S&P/TSX 60 index.

Investment Services & Registered Products

Registered Retirement Savings Plan (RRSP)
Variable & fixed interest rates available. Fixed rate plans from 12 to 60 months.

Registered Retirement Income Fund (RRIF)
Used to roll RRSP into to defer tax, with the same interest options as the RRSP.

Saskatchewan Registered Retirement Income Fund (SK RRIF)
Used primarily to transfer Saskatchewan pension funds into, with the same options as our RRSP & RRIF.

Life Income Fund (LIF)
Used primarily to transfer Federal pension funds into.

Mutual Funds*
We have access to a wide array of leading mutual funds. These products can be purchased in both registered and non-registered plans.
*Mutual funds are offered through Credential Asset Management Inc. Unless otherwise stated, mutual fund securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.

Online Brokerage** Qtrade Investor
www.qtrade.ca **Online brokerage services are offered through Qtrade Investor, a division of Credential Qtrade Securities Inc.

Wealth and Trust

Foam Lake Credit Union specializes in meeting all your financial needs.  Our qualified Wealth Management Representatives would be pleased to meet with you to discuss your financial goals at a time and location of your choice, including your home, your office or our office in Foam Lake.  Please contact our office for information on the following:
  • Planning for your Retirement - making the most with your RRSP's
  • Ensuring your investments are properly structured - "Am I doing the right thing"
  • Helping you get the most from your Retirement Income Options
  • Severance and Retirement Package
  • RRSP's, RRIF's, RESP's, Prescribed RRIF's, all available in a wide array of investment options

Member Trust Services

Estate planning is the process during which you review your current situation and identify the alternatives available to establish and accomplish your personal and financial goals.  Estate planning assists you in making informed decisions about the ownership and distribution of assets during your lifetime and upon your death.  It is often the first step in preparation of a properly drafted Will.  

With a well-planned estate and a properly drafted Will, your assets will be distributed in accordance with your wishes.  Your beneficiaries' needs will be met.  Your estate will not be subject to unnecessary administration costs, legal fees or taxes.

Card Services

MEMBERCARD® CHIP Debit Card
Debit Card available for all of your point of sale transactions. No need to carry cash as you can pay directly from your chequing or savings account at any merchant displaying the Interac symbol.


Mastercard® Credit Card
A credit card that offers cash back or rewards on your everyday purchases.
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MyCardInfo

GLOBAL PAYMENT™ Mastercard® Will NO LONGER BE AVAILABLE EFFECTIVE MAY 22, 2019.

GLOBAL PAYMENT™ Mastercard® Frequently Asked Questions
As a result of the change, we know you may have questions. We’ve captured some of the top Frequently Asked Questions below and would be happy to connect with you to answer any other questions you may have and to determine what card product will meet your needs.
 
When will my GLOBAL PAYMENT™ Mastercard® card stop working?
The card will no longer work after May 22, 2019.
 
What about my pre-authorized payments?
If you have pre-authorized payments connected to your GLOBAL PAYMENT™ Mastercard® card you will need to contact the business debiting your account directly to make alternative payment arrangements before May 22, 2019. If you need assistance with the process, please connect with us to work through the required changes.
 
How will I access my account after May 22nd?
Your account (chequing, line of credit, overdraft, etc.) will continue to work the same as it did before. You can access your funds in branch, online or through an ATM using your credit union debit card. If you do not have a debit card attached to your account, connect with us and we can set one up for you right away.
 
I use my GLOBAL PAYMENT™ Mastercard® to book trips, rent cars, etc. What will I use now?
We recently launched a new suite of personal and business credit cards. Connect with us to discuss which card may be right for you or visit our website to view details of the full card line up.
 
Gold Card Travel Medical Insurance Cancellation
If you have a Gold GPC Card, please be advised that effective May 22, 2019, the Inclusive Travel Medical Insurance coverage provided by TD Life Insurance Company will be terminated. If you have any questions about your Inclusive Travel Medical Insurance coverage, please call Allianz Global Assistance at 1-866-520-8827 Monday to Saturday, 8:00 am to 9:00 pm (Eastern Time). If you are travelling and require Emergency Medical Care / Treatment before May 22, 2019, please call Allianz Global Assistance at 1-519-742-9356 available collect 24/7. Emergency Medical Care / Treatment on or after May 22, 2019 will not be covered. If your trip extends beyond this date, please consider arranging for appropriate alternate coverage.
 
*CUETS Financial is a division of The Toronto-Dominion Bank. All trade-marks are the property of their respective owners. CUETS is atrade-mark of Canadian Credit Union Association, used under license. ® CHOICE REWARDS is a trademark of The Toronto-Dominion Bank.






 
Lost or stolen cards
Global Payment Mastercard® 1 306 506 1726
Everlink (TAP) Membercard® 1 888 277 1043
Mastercard® Credit Card 1 855 341 4643


ATM Networks
We belong to the Interac, Cirrus & Maestro networks enabling you to use our card products world wide.
www.ding-free.ca





Click below for more Credit Card Options

Service Charges & Fees

All of our accounts offer the option of paying very reasonable individual services fees or purchasing one of the following packages:

Youth Accounts   Free
Any child 18 years of age or under, or anyone attending a post secondary institution pays no service charges.

Masterplan   $14.00/month
Available to consumer, farm accounts and non-profit organizations only. Unlimited cheque writing and Credit Union ATM withdrawals are two of the many features of this plan.

Low Fee   $5.00/month
Available to consumer and farm accounts only, includes 10 debit transactions per month, MEMBER CARD® debit card included, Internet Banking, Personalized cheques provided at cost
E-Account Fee   $12.00/month
Available to consumer and farm accounts only, includes Electronic Transactions (Mastercard, Point of Sale, EFT transactions), Saskatchewan Credit Union ATM withdrawals, electronic statement, cards available and Internet Banking.  Cheques or over-the-counter transactions are charged on a per item basis.

STRICTLY BUSINESS® Account   $35.00/month
Available to all commercial accounts, and includes features such as unlimited cheque writing and Night Depository Services.

Heritage 60 Accounts   Free
Available to all members aged 60 years or older. Plan includes all features of the Masterplan, plus a reduction in Safety Deposit Box rentals.